US spot Bitcoin ETFs attracted $526.7 million on Oct. 19, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $665.2 million in inflows, the largest in nearly two weeks. This rebound reversed two weeks of heavy withdrawals totaling $907 million, though flows remain volatile with alternating inflows and outflows for six consecutive trading sessions. Ethereum ETFs saw $103.3 million in outflows on the same day, extending a 15-session withdrawal streak that has erased more than $1.1 billion. Ethereum ETF assets fell 17% from $17.79 billion to $14.7 billion. Ultimately, the opposing flows left Bitcoin ETFs outperforming Ethereum products by approximately $630 million in a single session, reflecting significant demand concentration around BlackRock’s product.
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